One Propritor Two TIN

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

16 January 2011 My Client Have sweets business running under Proprietorship in Karnataka. He has One Sweet Shop and have TIN Number of that and paying Composite tax under KVAT that regularly. Now he had Buy New Shop of Sweet and wanna run under same name consider as a branch. Does My client Require to Take new TIN Number of Branch ? If not then If i had taken NEW TIN Number of that then What is Penalty & Prosecution under KVAT ?

B R Ramesh

B R Ramesh (Expert)
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16 January 2011 Hi

since a proprietor should not have more than 1 tin number in the same state .

therefore file Form-3 (additional place of business details) with a covering letter & copy of rental agreement of the new premises.

so that he can carry the businees in single TIn no.